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Lenders accuse IIHL of delaying tactics in the Reliance Capital resolution, but the Hinduja Group firm denies all allegations, stating it's following due process. . . . #RelianceCapital #IIHL #NCLT #FinanceNews #HindujaGroup #CorporateLaw Read👇 https://t.co/iXBYPxBXTX
Lenders to #RelianceCapital accuse #IIHL of using delaying tactics, company denies allegations https://t.co/CV0H5cnbq4
Reliance Capital Resolution Plan: R-Cap lenders allege IIHL is 'indulging in delaying tactics' - What we know so far https://t.co/mg1Rxt5VZm
Lenders to debt-ridden Reliance Capital Ltd (RCAP) have accused Hinduja Group firm IIHL of employing delaying tactics in the implementation of the resolution plan. The allegations suggest that IIHL's actions are causing a slowdown in the resolution process. However, IIHL has denied these accusations, asserting that it is adhering to due process. The dispute highlights tensions in the ongoing efforts to resolve Reliance Capital's financial difficulties.
